My Business Plan: My Business Plan: Thai foodThai food

My name: La Xiong.My name: La Xiong.

Type of businessType of business

► I want to make a I want to make a small restaurant.small restaurant.

► I want to make a I want to make a Thai food.Thai food.

Product or ServiceProduct or Service

► I will sell Thai food and teaching I will sell Thai food and teaching cooking.cooking.

Hours of OperationHours of Operation

► I will be open.I will be open.►Monday-SundayMonday-Sunday► 9:00am-10:pm.9:00am-10:pm.

Why this business?Why this business?

► I like the business because I like I like the business because I like cooking.cooking.

LocationLocation

►Where: I will locate in St. Paul at many Where: I will locate in St. Paul at many people.people.

►Own/Lease: I will lease.Own/Lease: I will lease.►Description: I will need small building.Description: I will need small building.►Neighborhood: I want to be in the busy Neighborhood: I want to be in the busy

neighborhood.neighborhood.►Why this location: I like location Why this location: I like location

because near my home.because near my home.

The IndustryThe Industry

►Description: My business is in the St. Description: My business is in the St. Paul.Paul.

►Future projections: Restaurant Future projections: Restaurant managers percent growth7% average managers percent growth7% average read more about outlook.read more about outlook.

The MarketThe Market

► Customers: I think Customers: I think Hmong people will Hmong people will use my business.use my business.

CompetitionCompetition

►What/Who: My What/Who: My competition is other competition is other Asian restaurant.Asian restaurant.

► Evaluation: I think Evaluation: I think the competition well the competition well be no problem.be no problem.

StrategiesStrategies

►Why customers will choose my Why customers will choose my business: People will choose my business: People will choose my business because have the good food.business because have the good food.

AdvertisingAdvertising

►How customers will How customers will learn about my learn about my business: People business: People will learn about my will learn about my business from side, business from side, my family, and my my family, and my business.business.

ManagementManagement

►Manager: My sister will manager.Manager: My sister will manager.►Experience: I have experience 2 years Experience: I have experience 2 years

cooking.cooking.

►Responsibilities: The manager will be Responsibilities: The manager will be in charge of training, money, buying, in charge of training, money, buying, and hiring.and hiring.

PersonnelPersonnel

►Number of employees: People working Number of employees: People working 3-5.3-5.

►Search: Talk to family and friend.Search: Talk to family and friend.

FinancialsFinancials

►Needs: I need rent Needs: I need rent 10,000/mo.10,000/mo.

► I need salaries. I need salaries.

► Fund sources: I Fund sources: I have $5,000 in my have $5,000 in my savings.savings.

The EndThe End